It’s generally accepted in the retirement industry that the more informed and educated the participants, the more engaged they will be in a company’s retirement savings plan. But the challenge continues in finding those teachable moments. For years, plan providers have used many different methods (group seminars, videos, web-based tools) to educate plan members. But history has shown that participants are rarely fully engaged in their own retirement planning after an education program. And it’s a bigger challenge to shift the entire corporate culture to one where everyone is in the game.
PRPPs and social media strategy Watch this video Katherine Strutt, general manager of the Saskatchewan Pension Plan (SPP), gives her opinion on who will best benefit from PRPPs and how the model compares to the SPP. She also weighs in on the merits of social media and how it’s used by the her plan. […]